Juanita is single and self-employed. Juanita owed $1,300 in taxes on her 2021 return and expects her

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Juanita is single and self-employed. Juanita owed $1,300 in taxes on her 2021 return and expects her taxes to be the same for 2022. Does she have to pay estimated tax in 2022?

Related Book For answer-question

South Western Federal Taxation 2023 Comprehensive Volume

ISBN: 9780357719688

46th Edition

Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young

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Posted Date: Dec 09, 2023 04:22 AM

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Juanita is single and self-employed. Juanita owed $1,300 in taxes on her 2021 return and expects her

Question:

Juanita is single and self-employed. Juanita owed $1,300 in taxes on her 2021 return and expects her taxes to be the same for 2022. Does she have to pay estimated tax in 2022?

Expert Answer:

Here are the relevant facts to determine if Juanita needs to pay estimated taxes in 2... View the full answer

South Western Federal Taxation 2023 Comprehensive Volume

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